Did you know that the real estate transfers are no longer in the newspaper? No worries, you can have the report emailed to you every Monday for the previous week’s real estate transfers for FREE. Go to Real Estate Transfers- Knox County Register of Deeds and sign up for this service!
During the last week of July, the office recorded 1,327 deeds. Out of the total, 326 were loans and their total amount was $129.37 million. Nationwide Life and Annuity Insurance Co. funded a $19 million loan which is the largest of the 10 loans with values over $1 million. Another was funded by First Horizon Bank for $13.27 million and the final, very large loan, was $8.36 million funded by Capital One Bank NA. The others:
287 Warranty Deeds with a total sales value of $105.26 million were included in last week’s work; three of the 14 transactions over one million dollars were commercial transfers and 11 were private party sales.
The highest-value commercial property sale is visible from I-40 near the Campbell Station Exit. Anniversary Holding Company LLC sold the Buddy Gregg RV Sales Center property on Snyder Road to LD Real Estate LLC for $14.59 million. This property transfer included five adjoining parcels with 20+ acres total.
In the Dowell Springs Business and Medical Park, located on Middlebrook Pike, a 22-acre parcel at the end of Dowell Springs Blvd was sold as well. Dowell Springs Company LLC sold the lot to a private party for $4.4 million.
The third commercial property on the list is on Maynardville Pike. The Sonic Drive-In Restaurant property at 6949 Maynardville Pike was sold by Spirit Master Funding X LLC, which purchased it in 2019, to Orion KCPM LLC for $1.03 million.
The three-year comparison chart has been updated as of Friday, July 28.
School starts next week— watch out for kids in those school zones! Have a great weekend — Nick
Nick McBride is register of deeds for Knox County.